Cost of living in Monaco

Summary of cost of living in Monaco

Family of four estimated monthly costs: €8,348
Single person estimated monthly costs: €6,317
WARNING!  These estimates are currently based on just a small amount of data. They provide a decent starting assumption, but they are not yet completely reliable.
Expatistan is a collaborative effort. The data gets better with every new price that you enter.
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List of prices in Monaco. Current as of Dec 2019.

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Food [Edit]
Basic lunchtime menu (including a drink) in the business district €20
Combo meal in fast food restaurant (Big Mac Meal or similar) €8
500 gr (1 lb.) of boneless chicken breast €5.51
1 liter (1 qt.) of whole fat milk €1.58
12 eggs, large €4.45
1 kg (2 lb.) of tomatoes €2.51
500 gr (16 oz.) of local cheese €8
1 kg (2 lb.) of apples €3.12
1 kg (2 lb.) of potatoes €5.74
0.5 l (16 oz) domestic beer in the supermarket €1.41
1 bottle of red table wine, good quality €9
2 liters of Coca-Cola €4.07
Bread for 2 people for 1 day €2.66
Housing [Edit]
Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area €5,831
Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area €5,039
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat €181
Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area €3,707
Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area €2,312
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio €90
Internet 8 Mbps (1 month) €35
40” flat screen TV €772
Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) €153
Laundry detergent (3 l. ~ 100 oz.) €6
Hourly rate for cleaning help €17
Clothes [Edit]
1 pair of jeans (Levis 501 or similar) €87
1 summer dress in a High Street Store (Zara, H&M or similar retailers) €38
1 pair of sport shoes (Nike, Adidas, or equivalent brands) €82
1 pair of men’s leather business shoes €139
Transportation [Edit]
Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new €23,681
1 liter (1/4 gallon) of gas €1.62
Monthly ticket public transport €33
Taxi trip on a business day, basic tariff, 8 km. (5 miles) -
Personal Care [Edit]
Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) €12
1 box of antibiotics (12 doses) -
Short visit to private Doctor (15 minutes) €87
1 box of 32 tampons (Tampax, OB, ...) €4.00
Deodorant, roll-on (50ml ~ 1.5 oz.) €5.43
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) €4.00
4 rolls of toilet paper €2.30
Tube of toothpaste €3.50
Standard men's haircut in expat area of the city €32
Entertainment [Edit]
Basic dinner out for two in neighborhood pub €60
2 tickets to the movies €21
2 tickets to the theater (best available seats) €327
Dinner for two at an Italian restaurant in the expat area including appetisers, main course, wine and dessert €96
1 cocktail drink in downtown club €20
Cappuccino in expat area of the city €3.89
1 beer in neighbourhood pub (500ml or 1pt.) €5.58
iPad Wi-Fi 128GB -
1 min. of prepaid mobile tariff (no discounts or plans) €0.40
1 month of gym membership in business district €95
1 package of Marlboro cigarettes €7
These prices are lacking data. It provides a decent estimate, but they are not yet reliable. They are based on 18 prices entered by less than 5 different people.
Latest price update: December 06, 2019

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